Mirova

Advocacy actions

OUR APPROACH

At Mirova, we promote our vision of responsible investment through advocacy actions dedicated to the shaping and development of sustainable finance. We establish a dialogue with national and international regulatory bodies as well as with professional organisations in order to encourage specific regulations and standards for sustainable finance. Our goals are as follows:

Provide investors with the means to identify the needs for sustainable investment

Remove obstacles and create tools for developing long term market sustainable investments

Strengthen sustainable investment’s position within the financial sector

PARTICIPATION IN PROJECTS AND REFLECTIONS WITH PROFESSIONAL AND INTERNATIONAL ORGANISATIONS

FOCUS ON 3 MAJOR 2016 INITIATIVES

Paris Europlace / Finance for Tomorrow

Paris Europlace, Paris financial market association, published the Green and Sustainable Finance Initiative with the support of Mirova in November 2016. This report highlights the Paris financial market’s role in sustainable finance, and identifies how this role could be reinforced. Mirova contributed with Paris EUROPLACE to conduct over 40 interviews with key players and to provide 15 recommendations. This led to the launching of the Finance for Tomorrow initiative, implemented throughout 2017 by dedicated working groups. Philippe Zaouati, Mirova’s CEO, chairs this initiative.

In December 2016, the European Commission announced the creation of a group of high-level experts on sustainable finance. This group would spend one year working on recommendations for implementing a complete sustainable finance strategy for the European Union. The group is comprised of 20 experts from the financial sector, civil society and academia. Philippe Zaouati was selected as one of them, confirming Mirova and Natixis Asset Management’s driving role in sustainable finance. The group published a preliminary intermediate report in July 2017.

UNEP FI Positive Impact Finance Initiative

As a member of the United Nations Environment Programme Finance Initiative’s (UNEP FI) Positive Impact Finance Initiative, Mirova is signatory to the Positive Impact Manifesto, published in 2015, and supports the Principles for Positive Impact Finance, launched in January 2017. These principles propose an unprecedented framework for extra-financial analysis that promotes the private financial sector’s participation in sustainable development financing.